QUESTION $1[30]$

Tech Innovators Inc. has just launched a revolutionary new smartwatch in the market. This smartwatch incorporates cutting$-$edge features such as health monitoring, AI integration, and seamless connectivity with other devices. The company has invested heavily in R&D and marketing to create awareness and generate initial sales.

$1\mathrm{.}1$ What role does forecasting play in managing the Tech Innovators Inc$$s product life cycle? $(15)$

$1\mathrm{.}2$ Discuss THREE strategies that Tech Innovators Inc. should employ to create awareness and generate interest in their new smartwatch.